| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26M | $27M | $27M | -3.6% | -3.0% |
| Op. Income | $49.0K | $391.0K | -$1M | -87.5% | 104.1% |
| Gross Margin | 9.2% | 11.0% | 8.5% | -1.7pp | 0.7pp |
| Net Margin | -0.5% | 0.5% | -5.7% | -1.0pp | 5.2pp |
| EPS (Diluted) | $-0.05 | $0.06 | $-0.58 | -177.2% | 92.0% |
| Free Cash Flow | -$170.0K | $395.0K | -$979.0K | -143.0% | 82.6% |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $730.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $49.0K |
| Interest Income | $0 |
| Interest Expense | $176.0K |
| Other Income/Expenses | -$176.0K |
| INCOME BEFORE TAX | -$127.0K |
| Income Tax Expense | -$4.0K |
| Net Income from Continuing Ops | -$123.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$123.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$123.0K |
| D&A | $564.0K |
| EBIT | $49.0K |
| EBITDA | $613.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$123.0K |
| Depreciation & Amortization | $564.0K |
| Stock-Based Compensation | $36.0K |
| Deferred Income Tax | $200 |
| Other Non-Cash Items | -$119.2K |
| Change in Working Capital | -$352.0K |
| OPERATING CASH FLOW | $6.0K |
| Capital Expenditure | -$176.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$176.0K |
| Net Debt Issuance | -$51.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$51.0K |
| FREE CASH FLOW | -$170.0K |
| Net Change in Cash | -$220.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $345.0K |
| Short-Term Investments | $0 |
| Net Receivables | $26M |
| Inventory | $15M |
| Other Current Assets | $409.0K |
| TOTAL CURRENT ASSETS | $44M |
| PP&E (Net) | $14M |
| Goodwill | $2M |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $17M |
| TOTAL ASSETS | $61M |
| Account Payables | $14M |
| Short-Term Debt | $444.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $13M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $116.0K |
| TOTAL NON-CURRENT LIABILITIES | $19M |
| TOTAL LIABILITIES | $41M |
| Common Stock | $27.0K |
| Additional Paid-In Capital | $16M |
| Retained Earnings | $4M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$299.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20M |
| Minority Interest | $0 |
| TOTAL EQUITY | $20M |
| TOTAL LIABILITIES & EQUITY | $61M |
| Total Debt | $21M |
| Net Debt | $21M |
